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by beagle3
2412 days ago
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Corn can be, and regularly is; iron is abundant. Both are priced by their functionality (with a price floor set by the cost of manufacturing/extracting/growing if we ignore subsidies for a moment). If they become too expensive, they will be replaced by other cheap metals or crop in most uses. Gold/bitcoins/diamonds just become more desirable when their price goes up. |
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